Top 10 Richest South African Musicians in 2024

South African music industry is flourishing, with artists not only topping the charts but also accumulating substantial wealth. The scene is vibrant and diverse, encompassing a wide range of genres, from hip-hop and house to Afro-pop and jazz. These musicians have skillfully capitalized on their talents, extending their influence beyond music into business ventures, endorsements, and international partnerships. This list of the top 10 richest South African musicians in 2024 showcases those who have achieved exceptional financial success, redefining industry standards and setting new heights for wealth and influence in the entertainment world.

1. Black Coffee

Black Coffee, born Nkosinathi Innocent Maphumulo on March 11, 1976, in Umlazi, South Africa, is a globally renowned DJ, record producer, and songwriter. Raised in a musical family, Black Coffee developed an early passion for music. He studied music at Technikon Natal, now known as Durban University of Technology, where he honed his skills and eventually broke into the music scene.

Achievements

Black Coffee is one of the most successful and influential DJs in the world. He gained international fame with his unique blend of deep house, African beats, and soulful rhythms. His debut album, “Black Coffee,” released in 2005, marked the beginning of his rise to stardom. He has since released several critically acclaimed albums, including “Pieces of Me” (2015) and “Subconsciously” (2021), which won a Grammy Award for Best Dance/Electronic Album in 2022.

Black Coffee has performed at some of the most prestigious music festivals and venues globally, including Coachella, Tomorrowland, and Ibiza. His collaborations with international artists like Drake, Usher, and David Guetta have further solidified his status as a global music icon. Over his career, Black Coffee has received numerous awards, including BET Awards, South African Music Awards (SAMAs), and the Grammy Award, making him one of Africa’s most decorated artists.

Business Ownership

Black Coffee is also a savvy entrepreneur. He owns Soulistic Music, a record label that has signed several successful South African artists. He is involved in various business ventures, including real estate and fashion. In addition, he is a co-founder of Zone 6 Venue, one of the premier entertainment venues in Johannesburg.

Net Worth

As of 2024, Black Coffee’s net worth is estimated to be around $70 million. His wealth comes from his successful music career, international performances, business ventures, and brand endorsements. Black Coffee remains one of the wealthiest and most influential figures in the global music industry.

2. Cassper Nyovest

Cassper Nyovest, born Refiloe Maele Phoolo on December 16, 1990, in Mahikeng, North West, South Africa, is one of the most prominent figures in the South African music industry. He first gained recognition in the hip-hop scene and has since become a household name in South Africa. Cassper dropped out of school at the age of 16 to pursue a career in music, a decision that ultimately paid off as he rose to fame with his unique sound, blending local flavors with global hip-hop influences.

Achievements

Cassper Nyovest’s debut album, “Tsholofelo” (2014), was a massive success, featuring hit singles like “Doc Shebeleza” and “Gusheshe.” He continued to dominate the charts with subsequent albums, including “Refiloe” (2015), “Thuto” (2017), and “Sweet and Short” (2018). Cassper’s ability to consistently produce chart-topping hits has earned him numerous awards, including several South African Music Awards (SAMAs) and Metro FM Awards.

Cassper is well-known for his “Fill Up” concert series, where he successfully filled up major stadiums across South Africa, including The Dome, Orlando Stadium, and FNB Stadium. These events not only showcased his immense popularity but also set new records in the South African music industry. Cassper has collaborated with various international artists and performed on global stages, further solidifying his status as a leading African artist.

Business Ownership

Cassper Nyovest is also a savvy businessman. He owns the record label Family Tree, which has signed several successful artists. In addition to music, he has ventured into various business endeavors, including launching his vodka brand, Billiato, and a sneaker line in partnership with Drip Footwear. His entrepreneurial spirit has made him a prominent figure in the South African business landscape.

Net Worth

As of 2024, Cassper Nyovest’s net worth is estimated to be around $12 million. His wealth is derived from his successful music career, concert tours, brand endorsements, and multiple business ventures.

3. AKA

AKA, born Kiernan Jarryd Forbes on January 28, 1988, in Cape Town, South Africa, was a highly influential rapper, songwriter, and record producer. He emerged as a key figure in South Africa’s hip-hop scene in the late 2000s. AKA attended St. John’s College in Johannesburg, where he developed a passion for music, leading to his formation of the rap group Entity in 2002, which gained moderate success.

Achievements

AKA’s debut album, “Altar Ego,” released in 2011, included hit singles like “Victory Lap,” which established him as a prominent name in South African hip-hop. He went on to release several successful albums, including “Levels” (2014), “Touch My Blood” (2018), and “Bhovamania” (2020). His music often topped charts, earning him numerous awards and accolades, including multiple South African Music Awards (SAMAs) and MTV Africa Music Awards (MAMAs).

AKA worked with numerous local and international artists, helping to elevate the South African music scene on a global stage. His collaborations included work with Burna Boy, Yanga Chief, and Anatii, further solidifying his influence in the industry. Over his career, AKA received numerous awards, including Best Male Artist at the SAMAs, Best Collaboration, and multiple nominations for Artist of the Year. His impact on South African music was profound, earning him the title of the “Prince of South African Rap.”

Business Ownership

AKA was not only a successful musician but also a sharp businessman. He co-owned Beam Group, a company that managed artists and handled brand endorsements. Additionally, he launched his line of sparkling water, Cruz Vodka flavors, and various other business ventures, including a partnership with Reebok for a sneaker line.

Net Worth

As of 2024, AKA’s net worth was estimated to be around $12 million. His wealth stemmed from his successful music career, business ventures, brand endorsements, and various investments.

4. Steve Hofmeyr

Steve Hofmeyr was born on August 29, 1964, in Pretoria, South Africa. He is a prominent South African singer, songwriter, actor, and television presenter. Hofmeyr is known for his Afrikaans music and has been a significant figure in the Afrikaans-speaking community for decades. His career began in the 1980s, and he quickly rose to fame with his powerful voice and charismatic stage presence. In addition to his music career, Hofmeyr has also appeared in various South African television shows and films.

Achievements

Steve Hofmeyr is one of the best-selling Afrikaans artists in South Africa. He has released numerous albums, many of which have gone platinum. His hits include “Pampoen,” “Agter Elke Man,” and “Die Land,” which have cemented his status as a leading figure in Afrikaans music. Hofmeyr has also enjoyed a successful acting career, appearing in popular South African television shows such as “Agter Elke Man” and “Egoli: Place of Gold.” His acting talents have further broadened his appeal beyond the music industry. In addition to his music and acting, Hofmeyr has worked as a television presenter, adding another dimension to his entertainment career.

Business Ownership

Steve Hofmeyr has ventured into various business endeavors over the years, though his primary focus remains on his music and entertainment career. He has managed his brand and music production, ensuring he retains significant control over his work and its distribution.

Net Worth

As of 2024, Steve Hofmeyr’s net worth is estimated to be around $10 million. His wealth is largely derived from his successful music career, acting roles, and business ventures within the entertainment industry. Despite controversies surrounding his political and social views, Hofmeyr remains one of the most financially successful Afrikaans artists in South Africa.

5. Die Antwoord

Die Antwoord is a South African hip-hop group formed in 2008, consisting of rappers Ninja (real name Watkin Tudor Jones) and Yolandi Visser (real name Anri du Toit), along with producer DJ Hi-Tek. The group is known for its unique and controversial style, which blends elements of zef culture—a South African counterculture movement—with futuristic and edgy visuals. Die Antwoord quickly gained international attention with its distinctive sound, provocative lyrics, and visually striking music videos.

Achievements

Die Antwoord’s breakthrough came with the release of their debut album “SOS” in 2009, which included the viral hit “Enter the Ninja.” The group’s music, which combines rap, rave, and electronic elements, has attracted a global fanbase. They followed up with successful albums like “Ten$Ion” (2012), “Donker Mag” (2014), and “Mount Ninji and da Nice Time Kid” (2016). Die Antwoord has performed at major music festivals around the world, including Coachella and Glastonbury.

Their music videos, known for their surreal and sometimes shocking imagery, have garnered millions of views on platforms like YouTube. The group’s influence extends beyond music, they have appeared in the 2015 science fiction film “Chappie,” directed by Neill Blomkamp, in which they played exaggerated versions of themselves. Die Antwoord has also been featured in various fashion campaigns and collaborated with well-known designers.

Business Ownership

Die Antwoord has capitalized on its brand by launching merchandise lines, including clothing and accessories that reflect its zef style. They have also been involved in various artistic projects and collaborations, further diversifying their income streams.

Net Worth

As of 2024, Die Antwoord’s combined net worth is estimated to be around $10 million. Their wealth comes from music sales, touring, merchandise, film appearances, and business ventures.

7. Juanita du Plessis

Juanita du Plessis, born on April 26, 1972, in Windhoek, Namibia, is a celebrated South African singer, songwriter, and performer. She is widely recognized for her contributions to the Afrikaans music industry. Juanita moved to South Africa and established herself as a leading figure in the local music scene, particularly known for her powerful voice and emotive performances.

Achievements

Juanita du Plessis has released numerous albums, many of which have achieved multi-platinum status. Her debut album, Juanita, released in 1998, was a massive success and marked the beginning of her illustrious career. She is known for her hits such as “Ska-Rumba” and “Onthou My,” which have become anthems in the Afrikaans music community.

Juanita has received several accolades throughout her career, including multiple South African Music Awards (SAMAs) and Huisgenoot Tempo Awards. She is one of the best-selling Afrikaans artists of all time, with over 3 million albums sold. In 2010, she was honored with a Lifetime Achievement Award for her significant contributions to the South African music industry. Her music continues to resonate with fans across generations, solidifying her status as a musical icon.

Business Ownership

In addition to her music career, Juanita du Plessis has ventured into business. She is involved in various entrepreneurial activities, including her own production company that manages her music releases and concert tours. This business acumen has allowed her to maintain control over her brand and expand her influence in the entertainment industry.

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Net Worth

As of 2024, Juanita du Plessis’s net worth is estimated to be around $10 million. Her wealth is largely derived from her successful music career, album sales, concerts, and business ventures. Juanita remains a beloved figure in South African music, celebrated for her talent, perseverance, and business savvy.

7. DJ Sbu

DJ Sbu, whose real name is Sbusiso Leope, was born on May 28, 1977, in Tembisa, Gauteng, South Africa. He grew up in the township of Tembisa and pursued education at the Technikon Witwatersrand, where he studied sound engineering. DJ Sbu is a multifaceted personality known for his work as a DJ, musician, radio host, and entrepreneur.

Achievements

DJ Sbu first gained national recognition in the early 2000s with his hit singles and albums, including the popular track “Remember When It Rained.” He became a household name through his work as a radio DJ on popular stations such as YFM and Metro FM.

His influence in the South African music industry is profound, with contributions to the growth of the local house and kwaito music scenes. DJ Sbu is known for his philanthropic efforts, particularly in education. He founded the Sbusiso Leope Education Foundation (SLEF), which provides bursaries and mentorship programs to underprivileged students in South Africa.

Business Ownership

DJ Sbu is a successful entrepreneur, widely recognized for founding the energy drink brand MoFaya. Launched in 2014, MoFaya has grown to become one of the most popular energy drink brands in South Africa, with significant market penetration. He has also been involved in various other business ventures, including media production, publishing, and property development.

Net Worth

As of 2024, DJ Sbu’s net worth is estimated to be around $10 million. His wealth comes from his music and radio career, but most significantly from his entrepreneurial ventures, particularly the success of MoFaya

8. DJ Euphonik

DJ Euphonik, whose real name is Themba Mbongeni Nkosi, was born on December 6, 1983, in Mpumalanga, South Africa. He grew up in Benoni, Gauteng, and developed a passion for music at a young age. Euphonik rose to prominence as one of South Africa’s top house DJs, known for his eclectic mix of house music that resonates with both local and international audiences.

Achievements

Euphonik has been a significant figure in the South African house music scene, with a career spanning over two decades. He has released several successful albums, including “For the Love of House” and “Euphonik Presents.” His work has earned him numerous accolades, including awards from the Metro FM Music Awards and the South African Music Awards (SAMAs) Euphonik is also well-known for his work as a radio DJ, having hosted popular shows on 5FM, one of South Africa’s leading radio stations.

His radio presence has further solidified his influence in the South African music industry. Euphonik has performed at major music festivals and clubs around the world, including in cities like Miami, Ibiza, and London. His international gigs have helped him build a global fan base and increased his recognition as a top DJ.

Business Ownership

Beyond his music career, DJ Euphonik is a successful entrepreneur. He has invested in various business ventures, including property development, where he has built a significant real estate portfolio. Euphonik is also a co-owner of a music label and has been involved in other ventures such as a clothing line and music production.

Net Worth

As of 2024, DJ Euphonik’s net worth is estimated to be around $8 million. His wealth comes from his successful music career, radio work, international performances, and diverse business interests.

9. Rebecca Malope

Rebecca Malope, born on June 30, 1968, in Lekazi, Mpumalanga, South Africa, is a legendary gospel singer and one of the most beloved musical icons in the country. Raised in a humble and challenging environment, Rebecca’s journey to stardom was marked by perseverance and faith. She moved to Johannesburg in her teenage years to pursue a music career, initially starting in the secular music scene before finding her true calling in gospel music.

Achievements

Rebecca Malope’s career took off in 1987 when she won the Shell Road to Fame competition, which opened doors for her in the music industry. She released her debut gospel album, “Sthembele Kuwe,” in 1989, which became an instant hit. Over the years, she released over 30 albums, selling millions of copies and becoming known as the “Queen of Gospel.”

Her powerful voice and heartfelt performances earned her widespread acclaim and a dedicated fan base. Rebecca has received numerous accolades throughout her career, including multiple South African Music Awards (SAMAs), Kora Awards, and recognition as one of the most influential women in South African music. Her contributions to gospel music have been recognized both locally and internationally.

Business Ownership

Rebecca Malope has also ventured into business, particularly in the media and entertainment industry. She owns a music production company and has invested in real estate. Her business acumen has allowed her to maintain financial stability and grow her wealth beyond her music career.

Net Worth

As of 2024, Rebecca Malope’s net worth is estimated to be around $5 million. Her wealth is primarily derived from her successful music career, television hosting, business ventures, and royalties.

10. Oskido

Oskido, born Oscar Bonginkosi Mdlongwa on November 23, 1967, in the Oukasie township near Brits, South Africa, is a legendary figure in the South African music industry. He grew up in a musically inclined family, which fueled his passion for music from an early age. Oskido moved to Johannesburg in the late 1980s, where he began his career as a DJ in local clubs, eventually becoming one of the most influential figures in the kwaito and house music genres.

Achievements

Oskido is a pioneering figure in South African music, particularly in the development of the kwaito and house music scenes. He co-founded the group Brothers of Peace (BOP) and released several hit albums that shaped the South African music landscape. His work as a producer has been instrumental in launching the careers of many South African artists.

In 1992, Oskido co-founded Kalawa Jazmee Records, one of South Africa’s most successful independent record labels. The label has signed and nurtured many of the country’s top artists, including Mafikizolo, Boom Shaka, and Bongo Maffin. Oskido has received numerous awards for his contributions to the music industry, including lifetime achievement awards and recognition from various music organizations.

Business Ownership

Apart from Kalawa Jazmee Records, Oskido has diversified his business interests into various sectors. He owns several other ventures, including a restaurant and a music school. His entrepreneurial spirit has made him a key figure in the South African entertainment industry, not just as an artist but also as a mentor and businessman.

Net Worth

As of 2024, Oskido’s net worth is estimated to be around $5 million. His wealth comes from his music career, record label, and various business ventures.

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